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5h ago

Milei Ally Lisandro Catalán Named to YPF Board, Replacing Carlos Bastos

The company’s filing formalizes a government-driven reshuffle at the state-controlled energy giant.

Torre de YPF en Puerto Madero diseñada por Cesar Pelli Foto Federico Lopez Claro - FTP CLARIN _ABC0013.jpg Z RGonzalez gonzalez
Cambios en YPF: afuera Bastos, cercano a Cavallo; adentro Catalán, mano derecha de Francos.
Catalán tuvo un paso fugaz como ministro del Interior. 

Overview

  • YPF informed the Buenos Aires Stock Exchange and Argentina’s securities regulator (CNV) on November 19 that Carlos Bastos was removed and Lisandro Catalán was appointed to the board.
  • The company described Bastos’s departure as for reasons of a strictly personal nature, according to the market notification reported by local media.
  • Catalán joined the board two weeks after leaving the Interior Ministry, where he was replaced on November 3 by Diego Santilli.
  • The move extends a pattern of Milei-era appointments at YPF, which already includes figures such as Guillermo Francos, José Rolandi, Eduardo Rodríguez Chirillo, and CEO Horacio Marín.
  • Some outlets report the director role carries roughly 140 million pesos per month, though compensation for Catalán and other government-appointed directors remains unclear and current mandates run into early 2026.